LearnShareProsper logo Boosting Business_Performance Adele Sommers
by Adele Sommers, Ph.D.
 www.LearnShareProsper.com Adele@LearnShareProsper.com 
In This Issue

January 24, 2008
Volume 4, Issue 2

"How-to" tips and advice on increasing business prosperity, published every other Thursday.

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-- Feature Article: Do Your Business Strategies Include Web 2.0 Techniques?

-- Note from the Author: Are You Following the Latest Internet Trends?

-- Special Message: An Information-Packed Report on Web 2.0 Marketing

-- The Author Recommends: A Video Primer on Web 2.0 Marketing

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Note from the Author

Are You Following the Latest Internet Trends?

Information shared around the worldWith the New Year in full swing, it's not surprising to see a plethora of product launches occurring weekly by people who regularly use the Web as a launching pad. What is noteworthy, however, is the number of launches specifically for products or programs about the potential of using Web 2.0 marketing, including Web-based social media, for growing a business.

What is Web 2.0 marketing? The answer depends on whom you ask. As you will see below, defining "Web 2.0" could be about as challenging as shaking hands with an octopus. Yet this juxtaposition of technology and human sociability is considered one of the most important Internet trends we may see for a while.

Whether you are looking to launch a product of your own, or mainly want to capture and increase the "buzz" around your offerings, please pay close attention to today's features, all of which are about Web 2.0 marketing. The recommended resources provide much deeper insight into this domain by people who are true experts on the subject. I'd love to hear your own experiences with using these models, and do look for more coverage in future issues!

Here's to your business prosperity,

Adele
Adele Sommers, author of the "Straight Talk on Boosting Business Performance" success program

P.S. If you missed any previous issue, visit the newsletter index!

Special Message

An Information-Packed Report on Web 2.0 Marketing

'The Attention Age Doctrine Vol. 2: Web Marketing 2.0' by Rich SchefrenAs part of his eye-opening series of publications on capturing and maintaining attention, business coach Rich Schefren recently released a very informative, 93-page report called "Web Marketing 2.0," which is available to download.

This report gives us a comprehensive look at what the new Web-based social media are and what direction they are taking. It also exposes why our markets could soon become easier to reach using these newer channels than through more conventional Web marketing techniques.

Rich frames the Web 2.0 discussion in the context of attention because the growing demands on our awareness are making it increasingly difficult to focus on evaluating products and services, among other things. To save time, we are frequently turning to people we perceive as authority figures for advice on making buying decisions.

In this vein, Rich gives us step-by-step instructions on how to build, lead, and market to an audience through social media channels as a way to demonstrate our credibility in a particular field. He provides enlightening stories of companies that do these things effectively, and instructive case studies of companies that have made fatal mistakes by using social media incorrectly.

Rich explains how you can become a "maven" (a recognized expert) in your field by creating and publishing no-cost, high-value content using social media sites. The report itself is an excellent example of a marketing tool whose primary purpose is educating and interacting with a target audience.

Feature Article

Do Your Business Strategies Include Web 2.0 Techniques?
by Adele Sommers

What exactly is "Web 2.0?" Depending on what we happen to be doing, we're likely to have many different levels of understanding of the Web's latest capabilities.

People interconnected via the WebMany opinions exist. Wikipedia.org explains that Web 2.0 includes many applications and loosely associated technologies such as wikis, blogs, social networking, open source software, open content, file sharing, peer production, and so forth. Web 2.0 sites often feature rich, user-friendly interfaces, and may include elements such as:

  • Multimedia blog publishing tools
  • Membership-based, social networking environments
  • Wiki or forum software to support user-generated content
  • Podcasts, RSS feeds, and other kinds of many-to-many publishing
  • "Mashups" (merging content from different sources)

Web 2.0 Web sites allow people to do more than just retrieve information. The latest Web technologies allow customers to run software applications entirely through a browser. Users can own the data and exercise control over it, as opposed to simply viewing it (examples: online banking, Google Docs, and Google Calendar). In another variation, companies can design and assemble products collaboratively with their customers.

Many people use the immensely popular Web 2.0 venues to construct shared social (e.g., FaceBook.com, LinkedIn.com), entertainment-based (e.g., SecondLife.com, YouTube.com), and educational (e.g., Wikipedia.org) experiences.

Similarly, businesses can incorporate Web 2.0 social, entertainment-based, and educational elements into their product designs and marketing to increase audience engagement. Below are three case studies of businesses that have successfully turned their audiences into "raving fans" by doing just that.



Case Study #1: The "Jing Project"

Techsmith's Jing Project TechSmith, the makers of the widely admired Camtasia Studio desktop video software, have introduced a novel experiment called the Jing Project.

What is the Jing Project, you ask? Well...Jing is sort of like a product. But because it's meant to evolve continuously based on how people use it, it's been dubbed a "project" instead. To invite as many people as possible to experiment with it in all sorts of ways, TechSmith offers Jing for *free* on both Windows and Mac OS platforms.

Jing itself is a screen/audio/video capture tool that integrates with TechSmith's sharing site for business and academic videos, Screencast.com.

Once launched, Jing "lives" unobtrusively as a small, softly glowing orb in the upper corner of your screen. Whenever you need it to use it, you simply "wake it up" with your pointer. The latest version even has a basic image editor that lets you annotate any still screen shots you take. As you try out different ways of applying its flexible features, TechSmith encourages you to share your experiences on the Jing blog.

TechSmith's object lesson: By inviting people to try a *free* tool and report back on how they engage with it, TechSmith can gather a constant flow of product ideas and requirements directly from its customers. It's a brilliant and imaginative way to involve one's audiences in a conversation about exactly what matters to them. Using just a blog and the same core idea, you, too, can let your audience's experiences shape the direction of your product design and development.



Making a video wih a WebcamCase Study #2: The "66-Second Video Contest"

How would you like to get your prospects (not necessarily even your customers) to help you market your offerings? Doesn't that sound like a dream come true?

That's exactly what *Strategic Profits* did by sponsoring a wacky, high-stakes contest to help promote Rich Schefren's "Web Marketing 2.0" report.

The contest went something like this: The readers who downloaded the report were invited to create a 66-second video on any topic, as long as it promoted the report. Each submission was judged in one of these arenas: "Most Humorous," "Most Outrageous," "Most Compelling," and Most Informational." Only a few days elapsed between the contest kickoff and the submission deadline, which meant that the videos would have to be relatively simple but highly inventive.

In all, readers submitted 89 videos. One finalist was selected in each category, along with a "super grand prize" recipient. All selected videos appeared on YouTube, which ensured subsequent viewing by a much more massive audience. Although the prizes offered were rather generous, the payoff for the sponsors was even greater in terms of the "viral" (no-cost, tell-a-friend) advertising. The moral of the story: Entice your audiences to sing your praises to create invaluable, peer-to-peer "social proof."



Case Study #3: "Wine Library TV"

Gary Vaynerchuk's Wine Libary TVIf you think you can market only intangible items using social media and Web 2.0 technology, think again!

This case study describes the highly lucrative wine enterprise propelled by wine maven Gary Vaynerchuk.

Growing up in his family's wine shop, the "Wine Library," Gary sampled all wines that entered the store. As a teenager, he went on to learn the business inside-out. As customers increasingly sought out Gary's advice, within five years, Wine Library grew from a $4 million business to a $45 million business, according to his Web site.

By creating a Web-based, educational dimension to the wine store, Gary developed a whole new paradigm driven by his own rules. At Wine Library TV, he reinvented the concept of wine tasting for a new generation. With a zany, outspoken approach and somewhat controversial viewpoints on wine, Gary has succeeded in attracting a cult-like following of over 60,000 viewers a day, whom he educates on wine flavors, wine buying, and many other topics.

How does he go about this? The videos are not fancy TV studio productions. The Web site consists of a blog that hosts the nearly 400 short, videotaped sessions he has created over time to answer his viewers' queries and otherwise interact with his audiences. Linked to the site are the online Wine Library store, a busy viewer forum, and a variety of other networked venues. In short, Gary uses the power of social marketing -- blogging, video, audio, social networking and bookmarking sites, and other media -- to create a "viral" presence that rivets and sustains attention.

In conclusion, the case studies above demonstrate that by harnessing the power of Web 2.0 social media, and applying courageous and novel thinking, we can "grab our audiences by the eyeballs and eardrums" and imaginatively retain their enthusiasm.

Copyright 2008 Adele Sommers

The Author Recommends

A Video Primer on Web 2.0 Marketing

SMARTS video on Web 2.0 marketingFor an excellent overview of using social media for serious business marketing, be certain to watch this comprehensive video about using the latest Web 2.0 techniques. It introduces a program called SMARTS (Social MARketing Traffic Strategies); see http://www.stompernet.net/goingnatural2/.

Among the many revelations that emerge in its jam-packed 50 minutes are that the social media Web sites are maturing far beyond their earlier focus on peer-to-peer socializing. Over 1,920 social media sites have been identified, any of which you can use strategically to help you gain exposure as a "maven" in your field or otherwise boost your business. The video provides two starter recommendations for using Web 2.0 media sites:

  • Scribd.com - A content-publishing site with high search engine rankings on which you can post articles, e-books, presentations, manuals, brochures, Web pages, reports, and more. In contrast to other article publishing sites, this site displays a running list of keyword search terms for which your submission is being ranked, and from what pages of each search engine those rankings are coming.
  • Squidoo.com - Another highly ranked venue that lets you publish your own mini-Web sites on as many aspects of your business as you wish. Under the Squidoo umbrella, it's possible to generate more initial exposure than might otherwise be possible via conventional site-building (30:20:00 in the video).

For more information, the SMARTS producers offer a related PDF report download.

About the Author

"Straight Talk" Special Report
"Straight Talk" Workbook

Adele Sommers, Ph.D. is the author of "Straight Talk on Boosting Business Performance" -- an award-winning Special Report and Workbook program.

If you liked today's issue, you'll love this down-to-earth overview of how 12 potent business-boosting strategies can reenergize the morale and productivity of your enterprise, tame unruly projects, and attract loyal, satisfied customers. It's accompanied by a step-by-step workbook designed to help you easily create your own success action plan. Browse the table of contents and reader reviews on the description page.

Adele also offers no-cost articles and resources to help small businesses and large organizations accelerate productivity and increase profitability. Learn more at LearnShareProsper.com.

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